Powell's attitude remains tough, which lowers the probability of a rate cut in September. Before the speech, the probability of no rate cut in September was 33.6%, and after the speech, the probability increased to 51%.

Powell demonstrates through action that the Federal Reserve will not be subject to political interference. Future inflation is likely to be influenced by tariffs, and before the tariffs are fully implemented, the Federal Reserve will not take any preemptive actions! $BTC #白宫数字资产报告